NOT LISTED FOR SALE

Estimated Value: $265,000 - $318,000

2 Beds
2.5 Baths
1,245 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $282,000 $227 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,043/month

76 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Tile Flooring
  • Stough Elementary School Rated A-
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

This Raleigh home has two stories. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 04/06/2022

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,673

Year Built

  • Built in 1986

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 19x60x18x60

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,245 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Stough Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include trash
  • Ppm, Inc. Association
  • Richland Townes Subdivision

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,673

Year Built

Built in 1986

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential
  • Reso Association Fee Includes: Trash
  • Subdivision Name: Richland Townes
  • Above Grade Finished Sq Ft: 1245.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 19x60x18x60
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Above Grade Finished Area: 1245.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 197.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM, Inc.
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 197.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: 19x60x18x60
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1673.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Stough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jul 21, 2022
Sold by
Opendoor Property Trust
Bought by
Cobble Jessica and Cobble Bradley
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$320,000
Sold Price
$282,000
Premium/Discount to List
-$38,000
-11.88%
Current Estimated Value
$300,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,717
Avg. Annual Appreciation
1.35%
Original Mortgage
$267,900
Outstanding Balance
$249,918
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$43,912

Purchase Details

Closed on
Mar 17, 2022
Sold by
Reed Tyler G and Reed Emily Sarah
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Apr 9, 2018
Sold by
Burns Courtney Alexander
Bought by
Reed Tyler G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2009
Sold by
Sensenig Jeny and Sensensig Tim
Bought by
Burns Courtney Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
4.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2002
Sold by
Degree Mechelle L
Bought by
Proctor Pootjeny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,229
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cobble Jessica $282,000 Midtown Property Law
Opendoor Property Trust $267,000 Midtown Property Law
Opendoor Property Trust $267,000 None Listed On Document
Reed Tyler G $162,000 None Available
Burns Courtney Alexander $135,000 None Available
Proctor Pootjeny $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobble Jessica $267,900
Previous Owner Reed Tyler G $16,000
Previous Owner Burns Courtney Alexander $131,000
Previous Owner Proctor Pootjeny $112,100
Previous Owner Proctor Pootjeny $110,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $282,000 -- --
07/25/2022 07/25/22 Sold $282,000 -6.3% $227 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $301,000 -0.7% $242 / Sq Ft
05/27/2022 05/27/22 Price Changed $303,000 -0.3% $243 / Sq Ft
05/13/2022 05/13/22 Price Changed $304,000 -2.3% $244 / Sq Ft
04/29/2022 04/29/22 Price Changed $311,000 -2.8% $250 / Sq Ft
04/05/2022 04/05/22 For Sale $320,000 -- $257 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,493 $284,692 $75,000 $209,692
2023 $1,872 $169,904 $35,000 $134,904
2022 $1,740 $169,904 $35,000 $134,904
2021 $1,673 $169,904 $35,000 $134,904
2020 $1,643 $169,904 $35,000 $134,904
2019 $1,487 $126,615 $32,000 $94,615
2018 $1,403 $126,615 $32,000 $94,615
2017 $1,337 $126,615 $32,000 $94,615
2016 $1,310 $126,615 $32,000 $94,615
2015 $1,231 $116,989 $22,000 $94,989
2014 $1,169 $116,989 $22,000 $94,989
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2440541

Doorify MLS

APN: 0785.06-39-8510-000